Tennessee § 66-21-110 Tolling of limitations period for perfection or enforcement of liens against debtor in bankruptcy

Tennessee Statutes

§ 66-21-110 — Tolling of limitations period for perfection or enforcement of liens against debtor in bankruptcy

Notwithstanding any other law to the contrary, if due to the filing of a bankruptcy petition under title 11 of the United States Code (11 U.S.C.), a creditor is stayed from filing the necessary documents to create or enforce a lien or security interest against the debtor's property, then any statute of limitations created or established by law for the perfection or enforcement of a lien or security interest shall be tolled until ninety (90) days after any of the following actions occur with respect to the filing of the bankruptcy petition:

(1)The stay is lifted as to the creditor;

(2)The case is discharged; or (3) The case is dismissed.

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Notwithstanding any other law to the contrary, if due to the filing of a bankruptcy petition under title 11 of the United States Code (11 U.S.C.), a creditor is stayed from filing the necessary documents to create or enforce a lien or security interest against the debtor's property, then any statute of limitations created or established by law for the perfection or enforcement of a lien or security interest shall be tolled until ninety (90) days after any of the following actions occur with respect to the filing of the bankruptcy petition: (1) The stay is lifted as to the creditor; (2) The case is discharged; or (3) The case is dismissed.

Tennessee § 66-21-110 (Tolling of limitations period for perfection or enforcement of liens against debtor in bankruptcy) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.